<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=126882448001599&ev=PageView&noscript=1" /> GAME ON - Forest Hill Yorkville

A Legacy of Luxury

GAME ON

06 June 2019
Forest Hill Yorkville

The Raptors not only made history by advancing to the NBA finals, they gave the world a taste of Toronto. From international homegrown rap superstar Drake to drop-ins by all-stars in other leagues, like number 44, Barak Obama, what’s technically an unfamiliar spotlight for the 6ix is perhaps one that’s been long overdue and patiently waiting for its turn, in true Canadian fashion.

The power of a playoff season to electrify and unify a city is not new, but it’s ability to significantly shift the image of a city, is a game changer. News from our revered Raptors has gone beyond game highlights with rumors of real estate investments now the focus of reports speculating the future moves of fan favorites. News of Kawhi Leonard purchasing a home in Toronto hit headlines this week. Does this mean the Raptor’s real estate investment will keep him in Toronto longer or has the purchase been overhyped? Right now, that answer is a bit of a roll of the dice but what’s becoming certain is that investing in Toronto real estate is no gamble.

 

Here’s a look at a handful of Toronto  with a strong connection to our beloved ballers. Our Forest Hill Yorkville team of Realtors are experienced with the unique attributes of these areas and why you may also find them appealing for your next real estate move.

 

JURRASIC PARK

 

Jurassic Park is a playoff destination for thousands of Raptors fans gathering to watch the games in solidarity. It is also known as Maple Leaf Square, a public square located in the south core of downtown Toronto. It has a floor area of about 1,800,000 square feet covering 2.1 acres on one city block. Two 65-storey condo towers with 872 residential units are located on the square. They boast unbelievable views of the city, upscale finishes and amenities.

Condos dominate the area surrounding Jurassic Park. It is an area enjoyed by young professionals and families who prefer the condo lifestyle. Situated in the core, this area has an outstanding walk score with restaurants, cafes, shops, transit and nightlife literally at your front door. Billy Bishop Toronto City Airport is also minutes away, an appealing feature for travel enthusiasts.

Forest Hill Yorkville Realtors have a proven track record of excellence in the luxury condo market and can offer you expert advice and guidance navigating this unique type of real estate transaction.

Quick Facts*:

  • Jurassic Park falls within the Toronto Real Estate Board’s C01 “Waterfront Communities”
  • There were 430 sales in the 1st quarter of 2019 representing a dollar volume of $303,834,220
  • Average price per transaction = $706,591
  • Average days on market = 18 

NORTH TORONTO

 

Kyle Lowry and his wife Ayahna Cornish-Lowry moved to the GTA in 2012 and since then have had two kids. They live in a beautiful home in North Toronto, an area of the city popular with families raising school-age children.

While North Toronto can represent a fairly large area of the city, Yonge & Eglinton has been an important intersection defining that community since the Town of North Toronto was established in 1890.

North Toronto has everything families are looking for in a neighborhood including homes of various sizes, top-rated public and private schools, convenient access to transit, and a multitude of parks and recreational facilities.

The competition for housing in this neighborhood can be fierce. Our Forest Hill Yorkville team can help you develop strategies to land a property in this high demand area and arm you with the knowledge you need when faced with bidding wars and multiple offer situations.

Quick Facts*:

  • The intersection of Yonge & Eglinton falls within the Toronto Real Estate Board’s C03 “Yonge-Eglinton” Community
  • There were 25 sales in the 1st quarter of 2019 representing a dollar volume of $33,674,400
  • Average price per transaction = $1,346,976
  • Average days on market = 16

  

ETOBICOKE

 

Raptors’ Danny Green calls Etobicoke home. He prefers a healthy distance from the hustle and bustle of downtown Toronto. There’s also plenty more room for his pets: two Pomeranian huskies and two boa constrictors. His home boasts plenty of natural light and high ceilings, naturally a must.

Etobicoke is the westernmost of the six former Metropolitan Toronto boroughs before the city of Toronto was amalgamated in 1998. It covers a wide expanse of neighbourhoods between the Humber River and Highway 27. The Kingsway is the area’s premier neighbourhood known for its tree lined streets and stately homes. The streets are pedestrian friendly, and the schools, shops and recreation facilities are all within walking distance.

For those seeking a large property with a well sized backyard, away from the bright lights of downtown but within a short ride to the core, Etobicoke is well worth exploring. Forest Hill Yorkville Realtors have served many clients in this picturesque area and can help you achieve a balance between work life and home life with real estate top of mind.

Quick Facts*:

  • The Kingsway falls within the Toronto Real Estate Board’s W08 “Kingsway South” Community
  • There were 19 sales in the 1st quarter of 2019 representing a dollar volume of $38,577,800
  • Average price per transaction = $2,030,411
  • Average days on market = 17

BRIDAL PATH

 

The Raptors’ greatest and most notorious supporter, Drake, is known as much for his love of the Raptors as he is for his love of Toronto. The world-renowned rapper also loves luxury real estate. His mega-mansion in Toronto’s elite Bridal Path area (not pictured here) has made headlines with buzz of the sprawling estate rumored to include at least two saunas, a massage room, hot tubs, a piano room, a screening room, a jersey museum, an awards room, three bars, an extravagant indoor pool and a basketball court.

Drake’s hood is also known as “Millionaires Row.” It is home to fantastically large gated mansions surrounded by lush parkland and picture-perfect private gardens. Nearby landmarks include the upscale York Mills Shopping Centre, the posh Toronto Granite Club and the private Crescent School for boys.

Luxury knows no bounds in this posh enclave. And Forest Hill Yorkville is no stranger to the unique demands of luxury living. If you don’t shy away from price tags and want a castle to call your own, our Forest Hill Yorkville team can guide you through this significant luxury real estate investment.

For more information on these neighbourhoods and others, keep an eye out on our blog for more neighbourhood snapshots or contact our brokerage with your questions!  Call Forest Hill Yorkville toll free at 1-844-228-5588, email us at yorkville@foresthill.com or drop by our office at 28A Hazelton and we’ll ensure you get all the answers you need about our city’s wide range of rich and diverse districts. In the meantime, GO RAPTS!!!!!!

*Quick facts are based on the Toronto Real Estate Board’s TREB Community Statistics, First Quarter 2019